Palfinger AG

euro adhoc: Mergers - Acquisitions - Takeovers
PALFINGER AG - Company Takeover/aerial working platforms

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Company Information


Ad-hoc R E L E A S E

o PALFINGER plans takeover of ELEVANT aerial working platforms unit
from WUMAG      GmbH

Bergheim, Salzburg, 20 June 2008

PALFINGER AG, which is listed on the Vienna Stock Exchange and headquartered  in Salzburg, is in the final stages of  taking  over   the  ELEVANT  aerial  working platforms unit of WUMAG GmbH. The contracts have already  been  negotiated,  and the approval of the Supervisory Board of PALFINGER AG and the Advisory Board  of WUMAG GmbH has been secured as of today. The antitrust  authorities  are   likely to approve the takeover in summer 2008.

Since the final negotiations were successful,  the  portfolio  of   PALFINGER  AG will be supplemented and revenues increased by approximately 5 percent.

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ots Originaltext: Palfinger AG
Im Internet recherchierbar:

Further inquiry note:
Hannes Roither, PALFINGER AG
Company Spokesperson
Phone +43 662 46 84-2260

Branche: Machine Manufacturing
ISIN:      AT0000758305
WKN:        919964
Index:    ATX Prime, ATX
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: Palfinger AG

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